What are multiple-dimension scheduling rules? Provide examples and discuss how each rule performs
What will be an ideal response?
Multiple-dimension rules, such as critical ratio (CR) and slack per remaining operations (S/RO) are so named because they apply to more than one aspect of the job. These multiple-dimension priority rules incorporate information about the remaining workstations at which the job must be processed, in addition to the processing time at the present workstation or the due date considered by single-dimension rules. Research studies have shown that S/RO is better than EDD with respect to the percentage of jobs past due, but worse than SPT and EDD with respect to average flow times. These studies also indicate that CR results in longer flow times than SPT, but CR also results in less variance in the distribution of past due hours.
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Which of the following procedures is not a fraud-related audit procedure used to respond to identified fraud risk factors?
a. Physically inspect tangible assets, including major additions, and agree serial numbers with invoices or other supporting documents. b. Use the work of a specialist for asset valuations, including impairments. c. Confirm the terms of significant additions of property or intangibles with other parties involved in the transaction. d. All of the above are fraud-related audit procedures.
A staff department has no direct authority over a line department
Indicate whether the statement is true or false
Section 2-201(1) of the ________ is the basic Statute of Frauds provision for sales contracts.
A. Uniform Commercial Code (UCC) B. Sarbanes-Oxley Act C. Uniform Computer Information Transactions Act (UCITA) D. Lanham Act
Fixit Corporation issued 12,000 shares of $10 par value common stock at its current market price of $19. How does this event affect total stockholders' equity?
A. It increases by $120,000. B. It increases by $108,000. C. It is unaffected. D. It increases by $228,000.